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Hong Kong continues to ratchet up its cryptocurrency development efforts, as the city’s securities regulator fine-tunes rules to boost the liquidity of local digital-asset trading platforms.
The Securities and Futures Commission (SFC) said it would allow locally licensed digital-asset exchanges to integrate their order books with those of their affiliated platforms globally.
“What we noticed is that through the creation of this close-loop environment, we are creating a pocket of liquidity only for Hong Kong,” said Elizabeth Wong, the SFC’s director of licensing and head of fintech unit, on Tuesday at Finternet 2025: Asia Digital Finance Summit.

The SFC aimed to “connect Hong Kong with global liquidity”, enabling investors to have access to global markets and attract institutional trading to Hong Kong, Wong said.

The SFC was also looking into capital rules for digital-asset derivatives trading, said Eric Yip, executive director of the SFC’s intermediaries division, at the same event.



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